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Predictions on Discontinuing Sets and their Secondary Market Value

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  • pharmjodpharmjod 1,170 miles to Wall Drug, USAMember Posts: 2,916
    @Pitfall69 I think @TheLoneTensor was texting someone else there =D
    Pitfall69SumoLego
  • TheLoneTensorTheLoneTensor MericaMember Posts: 3,950
    Check back a couple posts and look carefully.  I'm not (completely) crazy.
    SumoLego
  • AanchirAanchir United StatesMember Posts: 2,925
    Check back a couple posts and look carefully.  I'm not (completely) crazy.
    I recognize what your post was in reference to, but that hardly precludes you from being completely crazy! XP
    SumoLegoTheLoneTensorGoldchains
  • SumoLegoSumoLego New YorkMember Posts: 14,361
    ^ Ketchikan is the Salmon Capital of the World.  And lots of Bald Eagles as well.  Bald Eagles on traffic posts, Salmon in the storm drains.

    I didn't see any Bald Salmans.

    And when did everything turn into Where's Waldo?  

    Am I going to have to but easter eggs in all of my photos?
    Pitfall69
  • SumoLegoSumoLego New YorkMember Posts: 14,361
    No reference to Practical Homicide Investigation?
  • binaryeyebinaryeye USMember Posts: 1,734
    SumoLego said:
    No reference to Practical Homicide Investigation?
    And here I thought it was simply Practical Homicide.
    SumoLegoAanchir
  • PmhPmh netherlandsMember Posts: 128
    edited May 2015
     

  • Pitfall69Pitfall69 0 miles to Legoboy's houseMember Posts: 11,444
    SumoLego said:
    ^ Ketchikan is the Salmon Capital of the World.  And lots of Bald Eagles as well.  Bald Eagles on traffic posts, Salmon in the storm drains.

    I didn't see any Bald Salmans.

    And when did everything turn into Where's Waldo?  

    Am I going to have to but easter eggs in all of my photos?
    Well, I didn't think my meme was that much of an "easter egg", but maybe it was. How many people had to scratch their heads? :)
  • juggles7juggles7 United StatesMember Posts: 452
    Pmh said:

    Today I bought my first set that has the potential to be an investment.

    I got the tower of ortanc for 195 euro in a lego stor (a tembo, best lego store in the Netherlands) while it is already retired at lego.

    This set has potential I think for 2 reasons,1:it is a rare set. More rare then many of the other expensive sets so the first criteria for investment is met (the set being rare). 2:It is a popular theme, lord of the rings is based on a book that will be read 100 years from now

    Saying a set is "rare" 3 times doesn't make it so.  Lego makes tens of thousands of these sets and none of them are rare, despite the claims of eBay sellers.  And, no offense, but unless you have inside information on closely-guarded production numbers, there is simply no way to determine what set is "more rare" than any other. 
    And, finally, do you really think people will READ Lord of the Rings 100 years from now?  Really?  People don't read now! 
    TheLoneTensor
  • leetshoeleetshoe USAMember Posts: 255
    juggles7 said:
    Pmh said:

    Today I bought my first set that has the potential to be an investment.

    I got the tower of ortanc for 195 euro in a lego stor (a tembo, best lego store in the Netherlands) while it is already retired at lego.

    This set has potential I think for 2 reasons,1:it is a rare set. More rare then many of the other expensive sets so the first criteria for investment is met (the set being rare). 2:It is a popular theme, lord of the rings is based on a book that will be read 100 years from now

    Saying a set is "rare" 3 times doesn't make it so.  Lego makes tens of thousands of these sets and none of them are rare, despite the claims of eBay sellers.  And, no offense, but unless you have inside information on closely-guarded production numbers, there is simply no way to determine what set is "more rare" than any other. 
    And, finally, do you really think people will READ Lord of the Rings 100 years from now?  Really?  People don't read now! 
    Young people are reading more books than old people. The narrative of "people aren't reading anymore" is far from true.
    http://www.npr.org/sections/thetwo-way/2014/09/11/347620935/book-news-millennials-reading-more-than-older-americans-study-finds


    AanchirAmanda1983
  • Pitfall69Pitfall69 0 miles to Legoboy's houseMember Posts: 11,444
    ^That's because they are unemployed and have nothing better to do ;)
    BrickarmorSumoLegoFarmer_Johnjuggles7khmellymel
  • 1stflabuyer1stflabuyer Member Posts: 17
    Pitfall69 said:
    ^That's because they are unemployed and have nothing better to do ;)
     :) 
    SumoLego
  • SumoLegoSumoLego New YorkMember Posts: 14,361
    They really should be reading Practical Homicide Investigation.  It's a riveting page-turner...
    Aanchir
  • ecmo47ecmo47 North CarolinaMember Posts: 2,101
    I rotate my Lego display at the office and Orthanc has got the least amount of compliments of the many things I've shown. Red Baron/Sopwith drew the most attention followed closely by Modulars. For investment, I'd take the Tumbler but for a quick flip go with Ghostbusters. 
    Farmer_JohnBrickDancer
  • juggles7juggles7 United StatesMember Posts: 452
    Young people are reading more books than old people. The narrative of "people aren't reading anymore" is far from true.
    What an underwhelming study! 80-something percent of young people (many who attend school and are forced to read) have read a book (just one book, with no consideration of the book's merit whatsoever) within the past year!  And that's slightly more than the 70-something percent of older adults who've also passed the miserably low bar of reading one book in the last 365 days.  Both groups play with their smartphones, surf the net, watch lots of TV, and do not read.  The study does more to prove, than disprove, that.

    And I'm sure that there will be a tiny percentage of people who will read Tolkien novels a century from now.  But next time you see someone whip out a classic novel at a red light, be sure and let me know. 
  • Farmer_JohnFarmer_John USA - 4,035 Miles from 62 West Wallaby St., Wigan, Lancashire, UKMember Posts: 2,404
    edited May 2015
    ^Actually, the classics are a big part of our kid's education and we love them as a family. I am a huge Dickens fan, my wife loves Austen (of course) and Dumas, and our kids really enjoy Stevenson, Tolkien, London, Twain, and Verne. In fact, our kids like LotR and The Hobbit so much that we got our son an expensive leather-bound set along with a hard-cover edition of the Silmarillion for Christmas. Money well spent and greatly enjoyed!
    VortexLostInTranslationAmanda1983
  • Pitfall69Pitfall69 0 miles to Legoboy's houseMember Posts: 11,444
    I have never read The Hobbit or Lord of the Rings @juggles7 and I don't plan on reading either of them in the next 100 years ;)
    CurvedRoadPlateThanos75
  • ecmo47ecmo47 North CarolinaMember Posts: 2,101
    ^Blasphemy!! Next you'll be extolling the virtues of M***B****!!
  • ecmo47ecmo47 North CarolinaMember Posts: 2,101

    ^^ Farmer John, add these to your Family reading list:

    -The Yearling by Marjorie Rawlings
    -Dragon Singer/Dragon Song and Dragon Drums by Anne McCaffery.
    -Watership Down by Richard Adams.
    -Uncle Tom’s Cabin by Stowe.
    -Anything illustrated by N C Wyeth!
    -James Herriot.
    -To Kill and Mocking Bird by Harper Lee.

    Non-fiction:

    -Americana books by author/illustrator Eric Sloane. Start with "Diary of an Early American Boy"

    -David McCullough. Start with "1776" before tackling some of his other tomes like "Truman", "John Adams" or "Path between the Seas".


    cloaked7Farmer_JohnpharmjodFollowsClosely
  • Farmer_JohnFarmer_John USA - 4,035 Miles from 62 West Wallaby St., Wigan, Lancashire, UKMember Posts: 2,404
    @ecmo47 - Yep...we've read many of those as well. We read To Kill a Mockingbird a few years back, and it was a great opportunity to talk with them about social justice. James Herriot was also big when my daughter thought she wanted to be a veterinarian. We play a lot of the game "Authors" around here, so they recognize the ones they haven't read (and their works).

    It would be interesting (although it will never happen) if TLG released a CMF series of either famous authors or characters in their books. It might get kids more interested in reading some of the old-time classics. It's amazing what people are missing by not reading these brilliant and often multifaceted books.
    VortextamamahmAmanda1983
  • ShibShib UKMember Posts: 5,442
    ^I've always thought that a line of smallish sets based on works of literature would be amazing...total pipe dream though.

    FollowsCloselySethro3Amanda1983
  • Farmer_JohnFarmer_John USA - 4,035 Miles from 62 West Wallaby St., Wigan, Lancashire, UKMember Posts: 2,404
    Pitfall69 said:
    I have never read The Hobbit or Lord of the Rings @juggles7 and I don't plan on reading either of them in the next 100 years ;)
    Funny...I've always felt the same way about the Harry Potter stories.

    That said, my lack of interest in HP didn't keep me from picking up HP Lego sets. Some themes are no-brainers, and the HP theme is one. Since Rowling is still alive and kicking, there is always the possibility of a 3rd Lego re-hash of various HP sets. Somehow I doubt LotR or The Hobbit will be re-hashed in my lifetime. So if rarity is any indication, I think LotR and Hobbit sets will ultimately do well...
  • TheLoneTensorTheLoneTensor MericaMember Posts: 3,950
    Pmh said:
     

    Did you write "rare" three times again and disappear? :)
    SumoLego
  • FollowsCloselyFollowsClosely Member Posts: 1,050
    One of the best laws/rules in my home: If the movie is base on a book, the story must be read before it can be watched. That and the candy tax are parental home runs.
    pharmjodFarmer_JohnRsa33khmellymelGothamConstructionCoAdeelZubairAmanda1983
  • pharmjodpharmjod 1,170 miles to Wall Drug, USAMember Posts: 2,916
    Do explain the candy tax... I'm intrigued.
  • BrickarmorBrickarmor USAMember Posts: 1,258
    Seriously folks, if we start talking about books here I'm gonna get banned for uncontrollable wall-of-texting. I even had to bite my fingers refrain from yelling at @pitfall69 "It's SalMAN!!!"

    Somewhat on point, my son is 9 and just read the entire Harry Potter series in about 6 weeks, never seen any of the movies, and he wants to start The Hobbit/LotR but our copies are in storage. I should let him set up his own Goodreads account. He has built several creations based on Hogwarts (and Redwall Abbey before that) and I think when he gets into Tolkien we'll MOC up some bookends like those we saw at BrickMagic in Charlotte.

    I don't expect Orthanc to set any records (besides tallest set?) and there are surely better places to plant your cash, but I've already got a few for the long run, just not going deep.


  • doriansdaddoriansdad CTCMember Posts: 1,337
    What are these book things people keep talking about? I have not read a book in a few decades and I have not seen my son pick one up in years. Unless it is non-fiction and on a screen my son won't give it a second look. Poor kid got my reading (and money making) habits lol.
  • TheLoneTensorTheLoneTensor MericaMember Posts: 3,950
    edited May 2015

    Somewhat on point, my son is 9 and just read the entire Harry Potter series in about 6 weeks, never seen any of the movies, and he wants to start The Hobbit/LotR but our copies are in storage. I should let him set up his own Goodreads account. He has built several creations based on Hogwarts (and Redwall Abbey before that) and I think when he gets into Tolkien we'll MOC up some bookends like those we saw at BrickMagic in Charlotte.


    This is great, and very uplifting.  Electronic or otherwise, too bad there are kids out there that haven't picked up a book in years - must be bad parenting :)
    FollowsCloselyBrickarmorRonyar
  • Farmer_JohnFarmer_John USA - 4,035 Miles from 62 West Wallaby St., Wigan, Lancashire, UKMember Posts: 2,404
    edited May 2015
    One of my greatest trepidations is that someday I'll walk in on my daughter and son playing Lego and Mr. Darcy will be getting his butt kicked by Batman. It is definitely within the realm of possibilities in our house...
    exciter1
  • exciter1exciter1 Member Posts: 226
    Seriously folks, if we start talking about books here I'm gonna get banned for uncontrollable wall-of-texting. I even had to bite my fingers refrain from yelling at @pitfall69 "It's SalMAN!!!"

    Well, according to the Seinfeld episode "The Implant", he changed his name to Sal Bass anyway.
    hoyatablesPitfall69canon03prevereSethro3
  • Pitfall69Pitfall69 0 miles to Legoboy's houseMember Posts: 11,444
    ^I hope @Brickamor understood I was indeed referring to the Seinfeld episode. No need to consume your fingers.
    Brickarmor
  • FollowsCloselyFollowsClosely Member Posts: 1,050
    edited May 2015
    It is simple. If you want to purchase candy you pay a 50% tax to the family budget. There are also some incentives in-place. Books can be purchased at 50% off. At one point Lego was also 50% off. My wife pulled the veto card on that one (a wise move on her part).
    pharmjod said:
    Do explain the candy tax... I'm intrigued.
    pharmjodReesesPiecesFarmer_JohnAmanda1983
  • Pitfall69Pitfall69 0 miles to Legoboy's houseMember Posts: 11,444
    As far as books are concerned; I read enough books in my lifetime. I took college level english and literature classes in high school to earn credits for college. Then took all that crap once I was in college to break up the montonous engineering and design courses. I do read, but I prefer to read techinal manuals and various health articles. I have to take 2-3 continuing education tests a year, so I choose to do most of my reading/studying at those times :)
  • pharmjodpharmjod 1,170 miles to Wall Drug, USAMember Posts: 2,916
    Pitfall69 said:
    As far as books are concerned; I read enough books in my lifetime.



    This phrase does not compute.
    Pitfall69givmellisBrickarmorbinaryeyeAmanda1983
  • BrickDancerBrickDancer Dunes of TatooineMember Posts: 3,639
    ^That's part of the magic of 'The Thread' =)
    Pitfall69SumoLegoRonyarGoldchains
  • tamamahmtamamahm Member Posts: 1,979
    There are plenty of books today that are well over 100 years old that people read. With the rise of home PC in the mid-80s to mobile devices today, people are still reading. The only way I see people not reading 100 years from now is if books are somehow download directly to our minds, so we do not need out eyes to read the words. Even then.. People today have the option of audio books and people still read. I just do not see a change over to basically no nobody reading. 

    We are a family of voracious readers, though....Even my lego, screen-loving kiddo.

  • Pitfall69Pitfall69 0 miles to Legoboy's houseMember Posts: 11,444
    Back to the original topic. The Lord of the Rings and Hobbit sets are based off the movies and not the books, so reading or not reading the books has little to do with the Lego sets being popular in the future imo. The question really is if people will be watching the movies many years from now? I'm sure there will be several different movie collections that will be released in the near future to keep the movies fresh in our minds much like Star Wars. There might even be a chance that future movies might be made based off the franchise.
    SumoLegojuggles7
  • CCCCCC UKMember Posts: 19,926
    People will still watch them. All three LOTR films are top 20 on imdb, something that even SW can't manage, what with the teddy bears episode and all that.
    SumoLego
  • madforLEGOmadforLEGO Chicagoland USMember Posts: 10,229
    I think LoTR and Hobbit have taught LEGO that even though many like the books, the sets were hard to conceptualize in a small enough form to be affordable and detailed. I'm sure if LEGO made 'expert' sets where they were 200 USD or more many of the hardcore fans would buy, but LEGO is also in it to make things that are affordable and many time they do not live up to the hope of fans.
    As a result many sets did not sell well and do not do well in the aftermarket
    SumoLegojuggles7Amanda1983
  • TheLoneTensorTheLoneTensor MericaMember Posts: 3,950
    edited May 2015
    I'd feel a lot better about the whole Tolkien theme in general had the Hobbit movies not really sucked.
    Pitfall69pharmjodBumblepantsdougtsthenosSethro3ShibSteve_J_OMGoldchains
  • CCCCCC UKMember Posts: 19,926
    I doubt Lego cared about the books, it was the films' success they were looking at. It is interesting to see that the sales rates for Orthanc seem to be on par with the sandcrawler, if you ignore May 4th.
    SumoLego
  • SumoLegoSumoLego New YorkMember Posts: 14,361
    I would love to see a real Tolkien franchise that would produce films of the Fall of Gondolin and some of the unfinished tales, but I doubt any studio would take that chance.

    The Hobbit movies were just fine and did justice to the book.  

    If we're talking franchises, those Harry Potter movies are just as poorly written as the Spy Kids, Twilight and Divergence movies.  I'd rather watch an episode of Jake and the Neverland Pirates or Yo Gabba Gabba - atleast I would learn something.  (Don't bite your friends!)

    Good old stories tend to be passe because similar themes show up in contemporary stories.  Age of Ultron wa the same idea as I, Robot, Terminator and Matrix, but that doesn't mean it's not entertaining.

    Daredevil on Netflix is an absolute masterpiece, but would make an absolutely terrible film.
  • BrickDancerBrickDancer Dunes of TatooineMember Posts: 3,639
    ^Daredevil's fantastic! Looking forward to Season 2 already.
    SumoLegovitreolum
  • tamamahmtamamahm Member Posts: 1,979


    SumoLego said:


    The Hobbit movies were just fine and did justice to the book.  

    If we're talking franchises, those Harry Potter movies are just as poorly written as the Spy Kids, Twilight and Divergence movies.  I'd rather watch an episode of Jake and the Neverland Pirates or Yo Gabba Gabba - atleast I would learn something.  (Don't bite your friends!)


    Opinions vary. 
    Personally, there are aspects of Peter Jackson's directing that really make the Hobbit tedious for me to watch. In LOTR:Return of the King, I found the entire ring scene just unbearable. I was ready to push Frodo in with the ring to just have the scene done already.

    On the other hand I feel the HP movies very much represented the spirit of the books. 

    *shrug* Opinions vary.

    (Good to hear that Daredevil is good, though. I've been wanting to watch it.)


    @madforLego  
    I agree. I do think there are varied reasons the line was hard to conceptualize. In addition, I suspect they found it hard to determine exactly who they were marketing to. That can be a death knell for a product.




  • SumoLegoSumoLego New YorkMember Posts: 14,361
    ^ Agreed.  I think I'm predisposed to not like HP.  

    Nonetheless, we're not talking about a Prince of Persia situation here.
    madforLEGO
  • tamamahmtamamahm Member Posts: 1,979
    Agreed. Definitely not a PofP situation.
  • SolariousSolarious Kalamazoo, MI, USAMember Posts: 317
    Was it a surprise a toy based on a movie based on a videogame was kinda lame? 
  • pharmjodpharmjod 1,170 miles to Wall Drug, USAMember Posts: 2,916
    I aactually like several of the PoP sets. They weren't the problem. The movie sucked.
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